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Rastar Group (300043.SZ)

300043.SZ on Shenzhen Stock Exchange

9.53CNY
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Rastar Group says rights issue plan of raising up to 1.12 bln yuan
Friday, 17 Mar 2017 05:55am EDT 

Rastar Group <300043.SZ> : Says it proposes to issue up to 373.3 million shares of common stock with par value of 1 yuan per share . Shareholders are eligible to purchase up to 3 new shares for every 10 shares they hold . Says it aims to raise up to 1.12 billion yuan through the rights issue .Says it will use proceeds from rights issue to repay existing debt, support project development and complement operating funds.  Full Article

Rastar Group's preliminary 2016 net profit up 28.8 pct
Monday, 27 Feb 2017 06:00am EST 

Rastar Group <300043.SZ> :Says its preliminary 2016 net profit up 28.8 percent y/y at 453.2 million yuan ($65.98 million).  Full Article

Rastar Group expects 2016 H1 net profit to increase by 35~65 percent
Friday, 15 Jul 2016 02:46am EDT 

Rastar Group <300043.SZ> :Sees 2016 H1 net profit to increase by 35~65 percent, compared to net profit of H1 of 2015(174.8 million yuan).  Full Article

Model car maker Rastar sees H1 net profit up 35-65 pct
Thursday, 14 Jul 2016 04:57am EDT 

Rastar Group <300043.SZ> :Says it expects H1 net profit to rise 35-65 percent y/y to 235.9-288.4 million yuan ($35.28-$43.13 million).  Full Article

Rastar Group unit terminates cooperation agreement for fund
Wednesday, 1 Jun 2016 04:54am EDT 

Rastar Group <300043.SZ>: Says its wholly owned Zhuhai-based invest management subsidiary terminated cooperation agreement on May 31 with Zhuhai-based invest management company .Says previous release disclosed on Jan. 26 regarding jointly establishement of entertainment industrial fund.  Full Article

Rastar Group to buy 67.1 pct stake in tech-firm for 969.5 mln yuan
Monday, 30 May 2016 02:21am EDT 

Rastar Group <300043.SZ> : Says it will issue 50.8 million A shares at 14.51 yuan per share and pay cash of 232.4 million yuan to acquire 67.1 percent stake in a Guangzhou-based technology firm . Says transaction price is 969.5 million yuan .Says company to raise up to 969.5 million yuan via private placement for three projects development, transaction payment and working capital replenishment.  Full Article

Rastar Group unit to set up industrial buyout fund
Monday, 30 May 2016 02:10am EDT 

Rastar Group <300043.SZ> : Says its unit will set up an culture and entertainment industrial buyout fund with Devin Trust, and jointly establish a co in HK for the fund's operation . Says the size of the fund is targeted at HK$ 500 million .Says company will invest HK$ 38 million at first stage.  Full Article

Rastar Group announces no dividend payment for 2015
Friday, 22 Apr 2016 08:00pm EDT 

Rastar Group:Says no dividend payment for 2015.  Full Article

Rastar Group appoints Liu Shenghua as CFO
Friday, 22 Apr 2016 08:00pm EDT 

Rastar Group:Says it appoints Liu Shenghua as CFO, to replace Li Chunguang, who has resigned from the position.  Full Article

Rastar Group sees 2016 Q1 net profit to rise by 120 pct to 150 pct
Sunday, 10 Apr 2016 08:00pm EDT 

Rastar Group:Sees 2016 Q1 net profit to rise by 120 pct to 150 pct, or to be 201.3 mln yuan to 228.7 mln yuan.Says investment around the main business, increased sales from game business and involved performance of REIAL CLUB DEPORTIU ESPANYOL DE BARCELONA are main reasons.  Full Article

More From Around the Web

BRIEF-Rastar Group to raise up to 1.1 bln yuan in share private placement

* Says it plans to raise up to 1.1 billion yuan ($159.45 million)in share private placement to fund project, repay debt, replenish capital